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It Is Expected That in the Future,the Limited Liability Company

question 50

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It is expected that in the future,the limited liability company will in many instances replace which of the following forms of business ownership?


Definitions:

Containers On Marine Vessel (COMV)

Refers to the standard large containers used for shipping goods internationally by sea, placed and transported on a marine vessel.

Just-In-Time System

A supply chain management system designed to decrease waste and increase efficiency by receiving goods only as they are needed in the production process.

Same Day Air

A transportation service ensuring parcels or freight are delivered via air transport within the same day, emphasizing speed and efficiency.

Next-Day Air

A shipping service that ensures delivery of parcels or documents on the day after they are dispatched.

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